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Cameco (CCJ) Q4 2025 earnings results (fourth quarter 2025)

6-K filed Feb 13, 2026

Cameco (CCJ) reported revenue of $1.2B for the fourth quarter 2025 (Q4 2025). Operating margin was 16.6%, net earnings $199M (16.6% of revenue).

Revenue$1.2B
Year over year—
Quarter over quarter—
Operating margin16.6%
Net earnings$199M

Cameco, Q4 2025: revenue $1.2B, operating margin 16.6%, net earnings $199M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$1.2B——
Gross profit$273M——
Operating profit$199M——
Net earnings$199M——

What changed

Revenue was C$1.2B in Q4 2025.

Gross margin was 22.7%. Operating profit was C$0.20B, a 16.6% margin. Net earnings were C$0.20B. The effective tax rate was 0.0%.

Questions

What was Cameco's revenue in the fourth quarter 2025?

Cameco (CCJ) reported revenue of $1.2B for the fourth quarter 2025 (Q4 2025).

Was Cameco profitable in the fourth quarter 2025?

Operating profit was $199M (16.6% of revenue) and net earnings $199M.

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Source: Cameco 6-K on SEC EDGAR.